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State treasurer says school finance deal is irresponsible, likely illegal

State treasurer says school finance deal is irresponsible, likely illegal

State Treasurer Jeff DeWit said Tuesday a plan to settle the school funding lawsuit with trust land proceeds is irresponsible. And he said it's also likely illegal. DeWit said the additional withdrawals for the next decade called for in the proposal now being pushed by Gov. Doug Ducey would mean huge losses in revenues available to schools beyond that.

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